Three Months Ended

March 31,

2023

2022

Investment income, net

Interest, dividend and accretion income

$

461

$

100

Unrealized gain on investments, net

—

25

Interest income from investments in SPEs

2,003

Interest earned on notes receivable and other interest

457

172

Total investment income, net

2,921

2,300

Interest expense

Interest incurred for project financing and other interest expense

(3,997)

(1,944)

Interest expense and amortization of discount and issuance costs for Senior Notes issued by SPE

(2,212)

(2,209)

Total interest expense

(6,209)

(4,153)

Gain on contributions to unconsolidated joint ventures

530

482

Equity in income (loss) from unconsolidated joint ventures

3,663

(495)

Other income (expense), net

Accretion income from retained interest investments

394

417

Gain on insurance recoveries

—

723

Loss from hurricane damage

—

(32)

Miscellaneous income (expense), net

319

(1,477)

Other income (expense), net

713

(369)

Total other income (expense), net

$

1,618

$

(2,235)